While the World Health Organization publicly praised China in January for its speedy response to the then-new coronavirus, the U.N. health agency was frustrated behind the scenes by China’s delays in … ( read original…
Monthly Archives For June 2020
Mainland China Reports One Confirmed, Four Asymptomatic COVID-19 Cases
China reported one new coronavirus case and four new asymptomatic COVID-19 cases in the mainland on June 2, the country’s health commission said. The National Health Commission said the one confirmed … ( read original…
Google pulls ‘Remove China Apps’ from Play Store
Remove China Apps, an app that gained popularity in India in recent weeks and did exactly what its name suggests, has been pulled from the Play Store. The top trending app in India, which was…
Marvell Technology CEO: China is the ‘first leading indicator’ of an auto rebound
“The exciting part is we’ve now secured design wins for our ethernet products,” CEO Matt Murphy said. ( read original story …)
Microchip Ups Guidance; China Customers ‘Fully Back to Work’
Get Report raised its fiscal first-quarter guidance after the closing bell Tuesday from levels it forecast less than a month ago. The company said it now expects sales of $1.247 billion to $1.326 … (…
China to enforce crypto inheritance law soon
China has passed a civil code into law, which protects inherited cryptocurrencies ; Under this code, “virtual assets, such as bitcoins, [can] be inherited,” as are all propert … ( read original story …)
China Takes First Steps Toward Launching $3 Trillion REIT Market
For the longest time, the only way to get exposure to China’s real estate market, for mom and pop investors at least, was to buy a house. ( read original story …)
Exclusive: China-Owned Playtika Hires Banks for $1 Billion U.S. IPO – Sources
Playtika Ltd, a mobile gaming company owned by a Chinese investor group, has hired investment banks to prepare for a U.S. initial public offering (IPO) that could raise around $1 billion, people … ( read…
Helping China cut carbon emissions isn’t a financial game every business can play
Some energy-related companies in the country have found themselves caught in a business cycle that shows how difficult it can be for stimulus to help the economy in the form of bank loans. ( read…
Apple Cuts iPhone Prices In China Ahead Of Annual June Sales Event
It will be the second time Apple will have participated in the sales day as the company looks to take advantage of the recovering economy … ( read original story …)
Big in China and tiny in the U.S., Fast Retailing seen weathering pandemic
The coronavirus pandemic is shredding the global apparel industry, stripping hundreds of billions of dollars from sales and thrusting big names like J.Crew into bankruptcy protection. ( read original story …)
China and Europe ‘bailed our stock market out,’ Jim Cramer says
“If the rest of the world’s in better shape, well, that is fantastic news for our companies that do lots of business overseas,” the “Mad Money” host said. ( read original story …)
Blockchain Is Part Of China’s Master Plan for New Competitor Island to Hong Kong
China’s master plan for making Hainan a free trade island encourages institutions to use blockchain in transforming government function … ( read original story …)